Q366
Year in which Eurobonds are issued for first time in financial markets is
A.
1963
AnswerB.
1953
C.
1983
D.
1962
Answer: Option A
Solution
Answer: Option A
Solution:
Year in which Eurobonds are issued for first time in financial markets is 1963. On July 1, 1963, Autostrade had issued the world's first eurobond. Despite its name, the bond was dollar-denominated and pitched at US currency investors operating across national borders.